ACEME Newswire

For up-to-the-minute news on everything from market futures to new partnerships, from product launches to new appointments and approvals, CEM’s Newswire has the information you’ve been looking for.

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ACEME Newswire

Wynn Resorts Announces Agreement in Pennsylvania

Wynn Resorts, Limited announced today that it had entered into a letter of intent with Philadelphia Entertainment and Development Partners, LP, providing that an affiliate of Wynn will become the manager and managing general partner in the PDEP casino project slated for the Philadelphia waterfront. The agreement is subject to the satisfaction of certain conditions including the approval of the Pennsylvania Gaming Board.

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AGEM Announces Four New Members

The Association of Gaming Equipment Manufacturers (AGEM) announced today that its Board of Directors has approved the membership applications of four new companies, bringing the trade group comprised of the world’s leading gaming suppliers to a total of 90 members. The new AGEM members are Diamond Casino Products, Gaming Capital Group, Lucky Line Ltd. and Quixant Ltd.

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Missouri Sees Casino Revenue Growth in 2009

The Missouri casino industry was a bright spot in an otherwise dull economy in 2009, generating $469,039,036 million in tax revenue to the State of Missouri and the communities where casinos are located. Gaming tax revenue to the state and local communities in 2009 grew by $28,798,613 over 2008, a 6.5 percent increase according to Mike Winter, executive director of the Missouri Gaming Association.

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Weike Gaming Announces Sales Team Re-Organization

Weike Gaming Technology, Singapore’s only local slot machine developer and manufacturer, announced changes in the structure of its Sales department.

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Sands Bethlehem Looks to Add Table Games as Early as This Summer

Sands Casino Resort Bethlehem, a subsidiary of global resort developer Las Vegas Sands Corp., submitted an application today to the Pennsylvania Gaming Control Board which, if approved, would allow the property to add approximately 80 table games to its existing casino floor.

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Scientific Games Announces Earnings Release and Investor Call

Scientific Games Corporation announced that it will release its financial results for the fourth quarter and year ended December 31, 2009 prior to the market open on March 1, 2010. The Company will host a conference call at 8:30 AM Eastern Standard Time, which will include management's discussion of these results and an opportunity to ask questions.

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Missouri Casinos Generate More Than $469 Million for Communities

The Missouri casino industry was a bright spot in an otherwise dull economy in 2009, generating $469,039,036 million in tax revenue to the State of Missouri and the communities where casinos are located. Gaming tax revenue to the state and local communities in 2009 grew by $28,798,613 over 2008, a 6.5 percent increase according to Mike Winter, executive director of the Missouri Gaming Association.

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Lakes Entertainment Announces Lottery Commission Approves Kansas Management Contract

Lakes Entertainment, Inc. announced that on Feb. 17, 2010, the Kansas Lottery executed an amendment to the management contract for Chisholm Creek Casino Resort, LLC. Lakes previously announced that the Kansas Lottery Gaming Facility Review Board returned the Contract to the Kansas Lottery for renegotiation at the request of both Chisholm and the Kansas Lottery. The Contract will now be sent to the Review Board for its consideration.

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Cantor Gaming Signs Mobile Gaming Deal with Hard Rock Hotel & Casino

Cantor Gaming, an affiliate of the global financial services firm Cantor Fitzgerald L.P., and the Las Vegas Hard Rock Hotel & Casino announced today that Cantor Gaming will be providing mobile gaming throughout designated gaming areas of the Hard Rock resort, including Rehab and the Hard Rock Beach Club Pool.

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NEXTEP SYSTEMS Announces Record Quarter, New Deals and Initiatives

NEXTEP SYSTEMS, a leading provider of automated ordering and dynamic menu display solutions, announced record fourth quarter sales, profitable 2009 operations, and a four year compound annual growth rate in excess of 100%.

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